GDT Price Index drops 1.4%

Source: WBP Online
According to the latest GlobalDairyTrade auction, dairy prices dropped 1.4% to $2,203 per metric ton after the 3.8% increase to $2,263 registered on April 19. In the meantime, the Kiwi declined around 1% against the Greenback, trading below the $0.70 level by 14:00 GMT on the London Stock Exchange.
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Tue, 03 May 2016 15:54:12 GMT

Greenback rebounds by 15:20 GMT

The Bullion lost almost 0.8% against the US Dollar, trading at $1,286.10 per troy ounce by 15:20 GMT on the New York Stock Exchange. In the meantime, the Greenback regained its position after 15-month lows, despite Monday's disappointing release of the US ISM Manufacturing PMI.

Tue, 03 May 2016 15:04:04 GMT

EC cuts GDP growth forecasts

On Tuesday, the European Commission revised downwards its GDP growth forecast for the Euro zone to 1.6% from the previous year's 1.7% result and the 1.7% growth outlook reported in February, whereas the European Union's GDP growth forecast was lowered to 1.8%, following the last year's 2% growth and February's 1.9% projection. 

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